HomeMy WebLinkAboutCity Council Resolutions (RESOLUTION R-16-4014)-07/19/2016RESOLUTION R-16-4014
A RESOLUTION AWARDING AN ECONOMIC DEVELOPMENT
INCENTIVE GRANT TO LOVERIA CAFFE', LLC
WHEREAS, following discussion in Executive Session, and in full accordance
with the requirements of the Open Meetings Act, the City Council
determines that the following action is in the best interests of the
health, safety, and welfare of the public; and
WHEREAS, the City of Colleyville is authorized by Chapter 380 of the Texas
Local Government Code to provide economic development
incentives to support the expansion of local business activity,
employment, and development; and
WHEREAS, this resolution is being passed in full accordance with all
requirements of State law, including but not limited to, the Open
Meetings Act; and
WHEREAS, LOVERIA CAFFE', LLC, located at 5617 Colleyville Boulevard, has
made application for a grant of $10,000 for exterior
improvements and on-site signage as a destination restaurant.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF COLLEYVILLE, TEXAS:
Sec. 1. THAT the Colleyville City Council hereby authorizes and approves
an Economic Development Grant Agreement in an amount not to
exceed $10,000, substantially in the form of the agreement
attached hereto as `�Economic Development And Incentive
Agreement."
Sec. 2. THAT this resolution is effective from and after the date of its
passage.
AND IT IS SO RESOLVED.
APPROVED BY A VOTE OF �' AYES, � NAYS, AND o ABSTENTIONS,
THIS THE 19T" DAY OF JULY, 2016.
Resolution R-16-4014
Page 2 of 2
Mayor Richard Newton � Mayor Pro Tem Chris Putnam �,.�
Place 1, Tammy Nakamura la,�.G Place 5, Nancy Coplen ��
Place 2, Bobby Lindamood �,� Place 6, Mike Taylor �,�
Place 4, Jody Short �
ATTEST:
Am helley, RMC
City Secretary
CITY OF COLLEYVILLE
C\��l `�" ,
Richard Newton
Mayor